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60 Stocks and 40 ETFs for diversifying KLIP (KRANESHARES KWEB COVERED CALL STRATEGY ETF)

The least correlated asset to KLIP (KRANESHARES KWEB COVERED CALL STRATEGY ETF) is company Seaport Calibre Materials Acquisition Corp - Units (1 Ord Share & 1/2 War) (SCMAU). The correlation is -1.

Stocks that lowly correlated with KLIP

SymbolName
Market cap
SectorIndustry
Correlation
SCMAUSeaport Calibre Materials Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$177MN/AN/A-1.00
GETGetnetAdquirencia e Servicos para Meios de Pagamento S.A. - Instituica$88MN/AN/A-0.97
COWNLCowen Inc$796MN/AN/A-0.85
AHRNUAhren Acquisition Corp - Units (1 Ord Share Class A & 1/2 War)$79MN/AN/A-0.72
USXU.S. Xpress Enterprises Inc - Class A$332MIndustrialsTrucking-0.65
JUGGUJaws Juggernaut Acquisition Corp - Units (1 Ord Share Class A & 1/4 War)$285MN/AN/A-0.65
SPPISpectrum Pharmaceuticals Inc$208MN/AN/A-0.64
ANNAAleAnna Inc - Class A$131MEnergyOil & Gas E&p-0.64
LITTLogistics Innovation Technologies Corp - Class A$349MN/AN/A-0.61
LITTULogistics Innovation Technologies Corp - Units (1 Ord Share Class A & 1/3 War)$349MN/AN/A-0.60
EQVEQV Ventures Acquisition Corp.$466MFinancial ServicesShell Companies-0.55
QSEAQuartzsea Acquisition Corp$87MFinancial ServicesShell Companies-0.55
TMDETMD Energy Ltd$21MEnergyOil & Gas Midstream-0.55
HSPTRHorizon Space Acquisition II Corp Right$1MN/AN/A-0.53
SCAQUStratim Cloud Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$286MN/AN/A-0.53
GBRGSunCar Technology Group Inc$11MN/AN/A-0.53
CRECre8 Enterprise Ltd Class A$6.60MIndustrialsSpecialty Business Services-0.52
RIBBURibbon Acquisition Corp - Units (1 Ord Cls A & 1 Rts)$56MFinancial ServicesShell Companies-0.52
STAKStak Inc$55MEnergyOil & Gas Equipment & Services-0.52
XMQualtrics International Inc - Class A$11BN/AN/A-0.49
DBTXDecibel Therapeutics Inc$123MN/AN/A-0.49
NCEWNew Century Logistics (BVI) Ltd$54MIndustrialsIntegrated Freight & Logistics-0.49
STRZStarz Entertainment Corp$468MCommunication ServicesEntertainment-0.49
CCFChase Corp$1.21BN/AN/A-0.48
AGFSAgroFresh Solutions Inc$157MN/AN/A-0.48
KCHVKochav Defense Acquisition Corp - Class A$263MFinancial ServicesShell Companies-0.47
SLVRUSilverSPAC Inc - Units (1 Ord Share Class A & 1/4 War)$328MN/AN/A-0.47
ADALUAnthemis Digital Acquisitions I Corp - Units (1 Ord Class A & 1/2 War)$241MN/AN/A-0.47
CHAChagee Holdings Ltd$1.84BConsumer CyclicalRestaurants-0.47
NAOVNanoVibronix Inc$15MHealthcareMedical Devices-0.47
JMACUMaxpro Capital Acquisition Corp - Units (1 Ord Share Class A & 1 War)$150MN/AN/A-0.46
PCCTUPerception Capital Corp II - Units (1 Ord Share Class A & 1/2 War)$74MN/AN/A-0.46
BIAFBioAffinity Technologies Inc$3.25MHealthcareDiagnostics & Research-0.46
ASICAtegrity Specialty Holdings LLC$1.08BFinancial ServicesInsurance - Property & Casualty-0.45
WWACUAeries Technology Inc - Units (1 Ord Class A & 1/2 War)$41MN/AN/A-0.45
SAFXXCF Global Inc$145MUtilitiesUtilities - Renewable-0.44
COKECoca-Cola Consolidated Inc$13BConsumer DefensiveBeverages - Non-alcoholic-0.44
HMRSports Properties Acquisition Corp$65MIndustrialsMarine Shipping-0.43
CPAAUConyers Park III Acquisition Corp - Units (1 Ord Share Class A & 1/3 War)$366MN/AN/A-0.43
CURXCuranex Pharmaceuticals Inc$6.11MHealthcareBiotechnology-0.43
BOACBluescape Opportunities Acquisition Corp - Class A$227MN/AN/A-0.42
GENQUESGL Holdings Ltd - Units (1 Ord Share Class A & 1 War)$99MN/AN/A-0.42
OYSEOyster Enterprises II Acquisition Corp$268MFinancial ServicesShell Companies-0.42
AMAOAmerican Acquisition Opportunity Inc - Class A$118MN/AN/A-0.42
NCINeo Concept International Group Holdings Ltd$48MConsumer CyclicalApparel Manufacturing-0.42
ELOGEastern International Ltd$9.59MIndustrialsIntegrated Freight & Logistics-0.41
MTCRMetacrine Inc$25MN/AN/A-0.41
ITIIteris Inc$316MN/AN/A-0.41
TANNLTravelCenters of America Inc$364MN/AN/A-0.41
ARGOArgo Group International Holdings Ltd$1.06BN/AN/A-0.40
LCCCLakeshore Acquisition III Corp$72MFinancial ServicesShell Companies-0.40
JUGGJaws Juggernaut Acquisition Corp - Class A$285MN/AN/A-0.40
SIShoulder Innovations Inc$452MN/AN/A-0.39
PDEXPro-Dex Inc (co)$181MHealthcareMedical Instruments & Supplies-0.39
IVCPUAleAnna Inc - Units (1 Ord Share Class A & 1/2 War)$308MN/AN/A-0.39
MEKAMELI Kaszek Pioneer Corp - Class A$297MN/AN/A-0.38
LBPHLongboard Pharmaceuticals Inc$2.34BN/AN/A-0.38
ETSElite Express Holding Inc - Class A$13MIndustrialsTrucking-0.38
ALORUALSP Orchid Acquisition Corp I - Units (1 Ord Class A & 1/2 War)$22MN/AN/A-0.38
BMHLBluemount Holdings Ltd$146MFinancial ServicesCapital Markets-0.37

ETFs that lowly correlated with KLIP

SymbolName
AUM
Expense Ratio
Inception Date
Correlation
CLIMCLIMATE GLOBAL - CLIMATE RESILIENT REIT INDEX ETF $1.30M0.90%Mar 11, 2026-0.78
YXIProShares Short FTSE China 50 -1x Shares$5M0.95%Mar 16, 2010-0.66
FXPProShares UltraShort FTSE China 50 -2x Shares$7.60MN/ANov 6, 2007-0.65
SLTYYIELDMAX(R) ULTRA SHORT OPTION INCOME STRATEGY ETF $19M1.25%Aug 20, 2025-0.62
QBERTRUESHARES QUARTERLY BEAR HEDGE ETF $82M0.79%Jun 28, 2024-0.59
YANGDIREXION DAILY FTSE CHINA BEAR 3X SHARES $104MN/ADec 3, 2009-0.57
UVIX2x Long VIX Futures ETF$290MN/AMar 28, 2022-0.53
EFZProShares Short MSCI EAFE -1X Shares$12M0.95%Oct 23, 2007-0.53
EFUProShares UltraShort MSCI EAFE -2x Shares$1.20MN/AOct 23, 2007-0.53
EPVProShares UltraShort FTSE Europe -2X Shares$13MN/AJun 16, 2009-0.53
FIYYGRANITESHARES YIELDBOOST 20Y+ TREASURIES ETF $732K1.07%May 4, 2026-0.52
EUMProShares Short MSCI Emerging Markets -1x Shares$9.80M0.95%Oct 30, 2007-0.52
EEVProShares UltraShort MSCI Emerging Markets -2x Shares$2.60MN/AOct 30, 2007-0.52
METDDIREXION DAILY META BEAR 1X SHARES $7.90M1.02%Jun 5, 2024-0.51
CCUPT-REX 2X LONG CRCL DAILY TARGET ETF $25MN/AAug 8, 2025-0.46
CRCGLEVERAGE SHARES 2X LONG CRCL DAILY ETF $67MN/AAug 8, 2025-0.46
RFIXSimplify Downside Interest Rate Hedge Strategy ETF$56M0.50%Dec 9, 2024-0.46
SPDNDIREXION DAILY S&P 500 (R) BEAR 1X SHARES $195M0.48%Jun 8, 2016-0.45
SMNProShares UltraShort Materials$4.10MN/AJan 30, 2007-0.45
SHProShares Short S&P500 -1x Shares$973M0.89%Jun 19, 2006-0.45
TNGYTORTOISE ENERGY ETF $515M0.85%Dec 27, 2010-0.44
RBILF/M ULTRASHORT TREASURY INFLATION-PROTECTED SECURITY (TIPS) ETF $139M0.17%Feb 24, 2025-0.44
SDSProShares UltraShort S&P500 -2x Shares$398MN/AJul 11, 2006-0.43
SJBPROSHARES SHORT HIGH YIELD $56M0.95%Mar 21, 2011-0.43
AIBDDirexion Daily AI and Big Data Bear 2X ETF$4.70MN/AMay 15, 2024-0.43
TAILCAMBRIA TAIL RISK ETF $147M0.59%Apr 5, 2017-0.42
DOGPROSHARES SHORT DOW30 $111M0.95%Jun 19, 2006-0.42
VIXMProShares VIX Mid-Term Futures ETF$40M0.92%Jan 3, 2011-0.42
EWVProShares UltraShort MSCI Japan -2x Shares$5.70MN/ANov 6, 2007-0.41
VXZiPath Series B S&P 500 VIX Mid-Term Futures ETN$35M0.89%Jan 17, 2018-0.41
DIPSYIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF $8.20M1.05%Jul 23, 2024-0.41
DXDPROSHARES ULTRASHORT DOW30 $46MN/AJul 11, 2006-0.41
QQQDDIREXION DAILY MAGNIFICENT 7 BEAR 1X SHARES $35M0.50%Mar 6, 2024-0.40
AVSDIREXION DAILY AVGO BEAR 1X SHARES $7.50M1.03%Oct 9, 2024-0.40
SEFProShares Short Financials -1x Shares$14M0.95%Jun 10, 2008-0.39
XLEISTATE STREET(R) ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF STATE STREET(R)ENERGY SELECT SECTOR SPDR(R) PREMIUM INCOME ETF$40M0.35%Jul 29, 2025-0.39
YQQQYIELDMAX(R) SHORT N100 OPTION INCOME STRATEGY ETF $16M1.11%Aug 14, 2024-0.38
QIDPROSHARES ULTRASHORT QQQ $233MN/AJul 11, 2006-0.38
SDOWProShares UltraPro Short Dow30 -3x Shares$185MN/AFeb 9, 2010-0.37
AMZDDIREXION DAILY AMZN BEAR 1X SHARES $10M1.02%Sep 6, 2022-0.37